@ashleyrodriguez on XAUUSD | PriceONN Community

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ashleyrodriguez PRO newbie
XAUUSD Feb 20
Okay, so I'm planning my XAUUSD strategy for Monday. The RSI is pretty high, so I'm thinking a pullback is likely at some point, but the trend is still up. I'm considering setting a buy stop order slightly above Friday's high, maybe around 5110, to catch any further upward momentum. But I'll also set a stop-loss order below the 50 SMA, around 5000, to protect my capital if it reverses. I'm still learning all this. Should I be looking at other indicators too? Any advice is appreciated!
XAUUSD

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